Sunday, May 24, 2015

Prescription for Trouble: Healthcare Industry Faces Rising Risk, Rising Losses

As personal health information (PHI) reaches a new level of popularity among cybercriminals, the healthcare industry finds itself at a challenging crossroads – how to deflect cyber attacks while following regulatory standards and keeping information accessible for medical professionals and patients.

Several recent studies, as well as Advisen data, illustrate the problems faced by healthcare entities. Medical identity theft skyrocketed over the last few years, with a McAfee Labs report estimating that a single health credential can sell for 10 to 20 times as much as a credit card number on the darknet. Medical ID theft can be both harder to detect and prevent, costing consumers thousands of dollars to resolve.


Ayers, Erin. ‘Prescription for trouble: healthcare industry faces rising risk, rising losses’. ©2015 Advisen Ltd. 25 May 2015.

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